NOT LISTED FOR SALE

1601 Blue Jay Way Los Angeles, CA 90069

Hollywood Hills West Neighborhood

Estimated Value: $4,677,000 - $6,619,000

3 Beds
4 Baths
2,658 Sq Ft
$2,103/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $4,200,000 $1,580 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $33,382/month

27 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • West Hollywood Elementary School Rated A-
  • 27,049 Sq Ft lot
  • Wood Flooring

About This Home

As of June 2019

Endless possibilities on this 27,000 sqft lot. One of the last development opportunities to build a multi-level landmark home on the front row of PREMIER Street "Blue Jay Way" in the highly coveted TROPHY " THE BIRD STREETS" with uninhibited jetliner views from downtown Los Angeles to the Pacific Ocean without any rooftop obstructions. 100 feet of frontage. Property Sold "AS IS ", Architectural Conceptual Renderings, Geo, Survey and Slope Analysis up on request. Enormous upside ! Current house 3beds / 4 baths.

Last Agent to Sell the Property

Rita Benelian

Keller Williams Hollywood Hills License #01054399 Listed on: 03/19/2019

Last Buyer's Agent

Rita Benelian

Keller Williams Hollywood Hills License #01054399 Listed on: 03/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,785

Year Built

  • Built in 1969

Lot Details

  • 0.62 Acre Lot
  • Property is zoned LARE15

Parking

  • Detached Garage

Property Views

  • Ocean
  • Panoramic
  • City

Home Design

  • Bungalow

Interior Spaces

  • 2,658 Sq Ft Home
  • 3-Story Property
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5561-026-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,785

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 2658
  • Stories: 3
  • Year Built: 1969
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Cable, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Washer
  • Price Per S Q F T: 1805.87

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5561-026-017
  • Geocode Override: No
  • Lot Size Area: 27049

Rental Info

  • Land Lease Expiration Year: 0

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
May 29, 2019
Sold by
Aframian Houshang
Bought by
Milestone Iii Llc
Seller's Agent
Rita Benelian
Keller Williams Hollywood Hills
Buyer's Agent
Rita Benelian
Keller Williams Hollywood Hills
List Price
$4,800,000
Sold Price
$4,200,000
Premium/Discount to List
-$600,000
-12.5%
Current Estimated Value
$5,273,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,270
Avg. Annual Appreciation
4.72%
Original Mortgage
$5,200,000
Outstanding Balance
$4,590,608
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$998,707

Purchase Details

Closed on
Apr 24, 2018
Sold by
Aframian Maria
Bought by
Aframian Houshang

Purchase Details

Listed on
Feb 10, 2014
Closed on
Jul 18, 2014
Sold by
Witherspoon Gregory J
Bought by
Global Development Groups Llc
Seller's Agent
Aaron Kirman
Christie's International Real Estate SoCal
Buyer's Agent
Rita Benelian
Keller Williams Hollywood Hills
List Price
$4,995,000
Sold Price
$4,550,000
Premium/Discount to List
-$445,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$350,000
Interest Rate
4.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 1996
Sold by
Petrossian Robert
Bought by
Witherspoon Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.62%

Purchase Details

Closed on
May 10, 1996
Sold by
R Petrossian & Associates Inc
Bought by
Petrossian Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.8%

Purchase Details

Closed on
Aug 24, 1995
Sold by
Naiditch Louis and Naiditch Sheila
Bought by
R Petrossian & Associates Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Milestone Iii Llc $4,200,000 Stewart Title Of California
Aframian Houshang -- Pacific Coast Title Company
Aframian Houshang -- Pacific Coast Title Company
Global Development Groups Llc -- Pacific Coast Title Company
Global Development Groups Llc $4,550,000 None Available
Witherspoon Gregory J $487,500 Orange Coast Title
Petrossian Robert -- American Coast Title
R Petrossian & Associates Inc $450,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milestone Iii Llc $2,000,000
Open Milestone Iii Llc $5,200,000
Previous Owner Aframian Houshang $1,500,000
Previous Owner Global Development Groups Llc $200,000
Previous Owner Global Development Groups Llc $50,000
Previous Owner Global Development Groups Llc $3,700,000
Previous Owner Global Development Groups Llc $100,000
Previous Owner Global Development Groups Llc $3,070,000
Previous Owner Global Development Groups Llc $350,000
Previous Owner Global Development Groups Llc $800,000
Previous Owner Global Development Groups Llc $350,000
Previous Owner Global Development Groups Llc $2,500,000
Previous Owner Witherspoon Gregory J $625,100
Previous Owner Whiterspoon Gregory J $297,000
Previous Owner Witherspoon Gregory J $345,000
Previous Owner Witherspoon Gregory J $370,000
Previous Owner Witherspoon Gregory J $390,000
Previous Owner Petrossian Robert $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $4,200,000 -12.5% $1,580 / Sq Ft
03/19/2019 03/19/19 For Sale $4,800,000 0.0% $1,806 / Sq Ft
07/12/2018 07/12/18 Rented $12,000 0.0% --
05/22/2018 05/22/18 For Rent $12,000 +81.8% --
04/26/2016 04/26/16 Rented $6,600 -17.5% --
04/20/2016 04/20/16 Price Changed $8,000 -5.9% $3 / Sq Ft
04/12/2016 04/12/16 Price Changed $8,500 -5.6% $3 / Sq Ft
04/04/2016 04/04/16 Price Changed $9,000 -10.0% $3 / Sq Ft
03/23/2016 03/23/16 Price Changed $10,000 -4.8% $4 / Sq Ft
02/18/2016 02/18/16 Price Changed $10,500 -8.7% $4 / Sq Ft
02/09/2016 02/09/16 Price Changed $11,500 -10.2% $4 / Sq Ft
02/06/2016 02/06/16 For Rent $12,800 +42.2% --
01/05/2015 01/05/15 Rented $9,000 +1.1% --
01/05/2015 01/05/15 Under Contract -- -- --
12/04/2014 12/04/14 For Rent $8,900 0.0% --
08/29/2014 08/29/14 Sold $4,550,000 -8.9% $1,712 / Sq Ft
02/10/2014 02/10/14 For Sale $4,995,000 -- $1,879 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,785 $4,685,174 $3,748,141 $937,033
2024 $55,785 $4,593,309 $3,674,649 $918,660
2023 $54,695 $4,503,246 $3,602,598 $900,648
2022 $52,936 $4,414,948 $3,531,959 $882,989
2021 $51,549 $4,328,381 $3,462,705 $865,676
2020 $52,024 $4,284,000 $3,427,200 $856,800
2019 $58,175 $4,902,129 $3,921,704 $980,425
2018 $58,698 $4,806,009 $3,844,808 $961,201
2017 $62,346 $4,711,774 $3,769,420 $942,354
2016 $55,549 $4,619,387 $3,695,510 $923,877
2015 $54,729 $4,550,000 $3,640,000 $910,000
2014 -- $656,604 $518,158 $138,446
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rita Benelian

    Keller Williams Hollywood Hills

  • S

    Buyer's Agent in 2018

    Subscriber Non

    Non-Participant Office

  • R

    Buyer's Agent in 2016

    Ryan McTavish

    Sotheby's International Realty

  • Mercedeh Javid

    Buyer's Agent in 2015

    Mercedeh Javid

    The Agency

    (310) 486-2286

    8 Total Sales

    Section Image

  • M

    Buyer's Agent in 2015

    Mercedeh C Javid

    Keller Williams Hollywood Hills

  • Aaron Kirman

    Seller's Agent in 2014

    Aaron Kirman

    Christie's International Real Estate SoCal

    (424) 249-7162

    22 in this area

    280 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 19-445534

The MLS

APN: 5561-026-017

California Los Angeles County Los Angeles 90069 Hollywood Hills West

1601 Blue Jay Way, Los Angeles, CA

This home is located at 1601 Blue Jay Way, Los Angeles, CA 90069 since 19 March 2019 and is currently estimated at $5,589,315, approximately $2,102 per square foot. This property was built in 1969. 1601 Blue Jay Way is a home located in Los Angeles County with nearby schools including West Hollywood Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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